Corus announces UK reversing mill plate price increase
09 Jul 2008
Corus has announced it will be increasing the price of reversing mill plate by £80 a tonne as a result of robust global demand in all key plate-consuming market sectors.
The price change will apply to all newly booked UK deliveries of reversing mill plate dispatched from 3 August 2008.
Martin Maley, Director, Commercial for Construction & Infrastructure at Corus Long Products, said: “This rise has come about because demand is so robust. It is also an opportunity for us to reflect in our UK prices where prices have got to elsewhere in the European Union.”
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Bob Jones, Group Head Media Relations, Tel: +44 207 717 4532
Corus is Europe's second largest steel producer with annual revenues of more than £12 billion and a crude steel production of about 20 million tonnes. With main steelmaking operations primarily in the UK and the Netherlands, Corus provides innovative solutions to the construction, automotive, packaging, mechanical engineering and other markets worldwide. Corus is a subsidiary of Tata Steel, the world's sixth largest steel producer. Following the acquisition of Corus last year, the combined enterprise has an aggregate crude steel capacity of more than 28 million tonnes and approximately 82,700 employees across four continents.
